Dáil debates

Wednesday, 8 February 2012

4:00 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael)

NAMA's remit is to maximise disposal, in terms of value, of assets for the taxpayer. NAMA's task is in the first instance to appoint debtors-receivers, whose task it is to maintain these estates. Where this is not being done in a satisfactory manner, NAMA has the power under section 141 of the NAMA Act to apply to the District Court for an entry and maintenance order. NAMA's task should in the first instance be to persuade debtors-receivers to ensure unfinished estates are maintained.

For the information of the House and, in particular, the Deputy who raised this matter, Members of the Oireachtas can contact NAMA through a dedicated e-mail address, namely, OIR@nama.ie. If there are specific estates in her constituency or elsewhere about which the Deputy would like information, including whether a particular estate is under NAMA control, whether a receiver has been appointed or whether NAMA is considering taking action under the section 141 proposal to exact more maintenance standards and so on, she should e-mail NAMA direct at that address. That might be a useful port of call for the Deputy.

My understanding is that the chairman of NAMA recently appeared before an Oireachtas joint committee.

At the time, he made it perfectly plain to the committee that NAMA would not give land away but obviously would work with community groups with an interest in particular pieces of land that have remained undeveloped to ascertain the optimum solution in consultation with the local authority. If there are specific issues to which the Deputy refers, she might e-mail them directly to the aforementioned e-mail address to ascertain the status of those lands or estates and to establish what action can be taken.

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